In April 2023, the Austin metro area experienced a decline in single-family home sales, amounting to a substantial drop of 17% compared to the corresponding period in the previous year. During this time, 3,700 homes were sold, reflecting the overall market activity.
Conversely, despite the decrease in sales volume, it is noteworthy that the area witnessed a remarkable rise of 30% in the inventory available for sale compared to the previous year, with a total of 13,850 properties by the end of April 2023.
Learn more about the metrics in PropMix Market Insights.
